ARU 0.00% 19.5¢ arafura rare earths ltd

nolans bore drilling update, page-4

  1. 263 Posts.
    Presumably they are drilling the Central North Zone first to get the JORC resource upgrade done and pushing out to do the exploratory drilling after that?
    I base this on the drilling program not being expected to be complete until Sept, then testing on the drill samples still needing to be done, but expecting the BFS to be complete in Oct.

    But then:
    "Results from the Resource Upgrade and Expansion drilling work program will be communicated in the coming months once the work is completed and information is available.
    An updated statement of JORC-compliant Mineral Resources for Nolans Bore is anticipated for release in the latter part of 2011"

    Ahh, its all just guesses. Just wait and see I guess.
 
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